Nobuaki Kobayashi said distribution of the Mt. Gox assets likely wouldn’t begin for at least a month, once the rehabilitation plan became “final and binding.”
Iconic Funds claims its index fund will be Europe’s first with direct exposure to crypto assets listed on a regulated market.
The crypto asset’s market capitalization overtook the Russian ruble in February after a major announcement from car manufacturer Tesla.
The asset manager could be the first to follow ProShares, which listed its Bitcoin Strategy ETF on the New York Stock Exchange on Monday.
“If any regulatory or technical changes are required in a specific jurisdiction, Celsius will provide clear and timely communication as needed,” said the firm.
The deal comes as the NBA prepares to start its 2021–2022 season, marking the association’s 75th anniversary.
The project teased the release of the blockchain in a video message with a quote from famous astronomer Carl Sagan and a picture of a canary among the stars.
“This is Chainalysis’ first acquisition of cryptocurrency, and we will continue to pursue other digital assets as potential future investments,” said CEO Michael Gronager.
The combined value of all cryptocurrencies hit $2.5 trillion as the price of Bitcoin and Ether steadily rise.
The price of Bitcoin rose to a five-month high of $63,293 following shares of ProShares’ ETF opening for trading.